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Larry Covert

Background

  • Former partner/executive at Giga Fund
  • Currently founder/managing partner of Oxcart Ventures
  • Austin-based venture capital investor and high-net-worth social connector
  • Hosts exclusive social gatherings for venture capital and technology elite

Current Role & Interests

  • Oxcart Ventures: Founder and managing partner of venture capital fund
  • Event host for high-net-worth social gatherings in Austin
  • Connected to major technology and venture capital networks
  • Access to notable technology families and investors

Key Network Connections

  • Elon Musk Family: Hosts events attended by Elon's sisters
  • Dimensional Fund Advisors: Connected to DFA personnel and advisors
  • Defense Industry: Connected to defense contractors and investors with significant capital
  • Austin VC Ecosystem: Central figure in Austin's venture capital social scene

Social Events & Gatherings

  • Hosts invitation-only parties for Austin's technology and investment elite
  • Events feature mix of venture capital, technology executives, and entertainment industry figures
  • Gatherings serve as informal deal-making and networking opportunities
  • Maintains high curation standards for guest lists

Investment Focus

  • Early-stage to growth-stage venture capital investments
  • Connected to defense industry investment opportunities
  • Access to high-net-worth individuals seeking investment opportunities
  • Facilitates connections between entrepreneurs and capital sources

Recent Interactions

  • July 16, 2025: EXCLUSIVE PARTY HOST - Hosted high-profile gathering attended by Zachary Smith (via Matt invitation), featuring Elon Musk's sisters, Dimensional Fund Advisors personnel, and defense industry investors. Event demonstrated Larry's central role in Austin's high-net-worth social ecosystem and access to notable technology and investment figures. Gathering included "crazy people" from major financial and technology sectors, indicating Larry's ability to curate influential guest lists for strategic networking opportunities.

Strategic Value

  • Deal Flow Access: Connection to high-quality investment opportunities through Oxcart Ventures
  • Network Orchestration: Ability to facilitate introductions within Austin's venture capital ecosystem
  • Social Curation: Hosts events that bring together decision-makers from technology, investment, and defense sectors
  • Capital Connections: Access to individuals and institutions with significant investment capacity

Notes

Larry represents a key node in Austin's venture capital social infrastructure, with the ability to connect entrepreneurs and investors through carefully curated social experiences. His transition from Giga Fund to founding Oxcart Ventures positions him as both an active investor and strategic network facilitator. His events serve as informal but highly effective deal-making environments for Austin's technology and investment elite.

Connection facilitated through Zachary Smith's network and Matt's invitation system, indicating multi-layered access pathways to Larry's exclusive social and business ecosystem.